Crypto Research
Wrapped tokens
Feb 23, 2021
Bitcoin is digital gold and, like gold, it is becoming increasingly difficult to move and use as digital money. As the network ages and transaction fees increase, its use as a medium of exchange gradually decreases. However, there are a number of other solutions that could make Bitcoin a lot more practical. Many speak of off-chain scaling solutions like the Lightning network. But there is another really exciting option, namely “Wrapped Bitcoin (WBTC)” or “Wrapped Token”.